NYSE: WSM

WILLIAMS SONOMA INC

CIK 0000719955 · SIC 5700 · Home Furniture & Equipment

Large Revenue $7.8B Assets $5.1B as of Aug 26, 2026

Williams-Sonoma, Inc., (the “Company”, “we”, or “us”) incorporated in 1973, is an omni-channel specialty retailer of high-quality products for the home. About this business →

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8-K Filed Aug 26, 2026 · Period ending Aug 26, 2026

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8-K Filed Jun 22, 2026 · Period ending Jun 18, 2026

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10-Q Filed May 22, 2026 · Period ending May 3, 2026

revenue $1.81B, net income $231.4M. Williams Sonoma Q1 revenue +4.4%, margin -30bp on tariffs; refund filed but unrecognized

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8-K Filed May 21, 2026 · Period ending May 21, 2026

Williams-Sonoma reports Q1 fiscal 2026 earnings for quarter ended May 3, 2026

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10-K Filed Mar 26, 2026 · Period ending Feb 1, 2026

revenue $7.81B, net income $1.09B. Williams Sonoma posts record EPS despite tariff headwinds; Supreme Court ruling creates refund uncertainty

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8-K Filed Mar 18, 2026 · Period ending Mar 18, 2026

Williams Sonoma reports Q4 and FY2026 results, raises quarterly dividend 15%

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10-Q Filed Nov 25, 2025 · Period ending Nov 2, 2025

revenue $1.88B, net income $241.6M. Williams Sonoma posts 4.6% revenue growth as tariff rate doubles to 29%, margin expands 70bps

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8-K Filed Nov 19, 2025 · Period ending Nov 19, 2025

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10-Q Filed May 28, 2025 · Period ending May 4, 2025

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10-K Filed Mar 27, 2025 · Period ending Feb 2, 2025

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Latest financial statements

From 10-Q filed May 22, 2026 (period ending May 3, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.

As filed

Condensed Consolidated Statements of Earnings (Unaudited)

(In thousands, except per share amounts)

Description Thirteen weeks ended May 3, 2026 Thirteen weeks ended May 4, 2025
Net revenues 1,805,456 1,730,113
Cost of goods sold 1,012,030 964,304
Gross profit 793,426 765,809
Selling, general and administrative expenses 501,738 475,096
Operating income 291,688 290,713
Interest income, net 6,907 9,533
Earnings before income taxes 298,595 300,246
Income taxes 67,233 68,983
Net earnings 231,362 231,263
Basic earnings per share 1.95 1.88
Diluted earnings per share 1.93 1.85
Shares used in calculation of earnings per share:
Basic 118,386 123,108
Diluted 119,894 124,789

Condensed Consolidated Balance Sheets (Unaudited)

(In thousands, except per share amounts)

Description May 3, 2026 February 1, 2026 May 4, 2025
ASSETS
Current assets
Cash and cash equivalents 651,601 1,019,801 1,047,181
Accounts receivable, net 139,347 126,821 122,773
Merchandise inventories, net 1,455,030 1,462,849 1,335,356
Prepaid expenses 80,035 80,053 69,442
Other current assets 19,699 23,663 22,570
Total current assets 2,345,712 2,713,187 2,597,322
Property and equipment, net 1,102,339 1,095,158 1,031,990
Operating lease right-of-use assets 1,295,745 1,270,272 1,198,440
Deferred income taxes, net 83,686 99,161 112,366
Goodwill 77,386 77,398 77,347
Other long-term assets, net 154,680 156,736 139,850
Total assets 5,059,548 5,411,912 5,157,315
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Accounts payable 560,674 637,985 553,655
Accrued expenses 151,462 314,588 146,692
Gift card and other deferred revenue 622,049 602,940 589,432
Income taxes payable 113,920 78,943 112,390
Operating lease liabilities 215,150 221,356 229,070
Other current liabilities 99,517 98,318 90,604
Total current liabilities 1,762,772 1,954,130 1,721,843
Long-term operating lease liabilities 1,278,414 1,235,549 1,139,745
Other long-term liabilities 148,558 139,674 134,451
Total liabilities 3,189,744 3,329,353 2,996,039
Commitments and contingencies – See Note F
Stockholders’ equity
Preferred stock: $0.01 par value; 7,500 shares authorized; none issued
Common stock: $0.01 par value; 253,125 shares authorized; 117,743, 118,770 and 122,994 shares issued and outstanding at May 3, 2026, February 1, 2026 and May 4, 2025, respectively 1,178 1,188 1,231
Additional paid-in capital 517,774 587,433 524,405
Retained earnings 1,364,925 1,509,129 1,654,078
Accumulated other comprehensive loss (12,415) (13,176) (16,423)
Treasury stock, at cost: 11, 14 and 14 shares as of May 3, 2026, February 1, 2026 and May 4, 2025, respectively (1,658) (2,015) (2,015)
Total stockholders’ equity 1,869,804 2,082,559 2,161,276
Total liabilities and stockholders’ equity 5,059,548 5,411,912 5,157,315

Condensed Consolidated Statements of Cash Flows (Unaudited)

(In thousands)

Description Thirteen weeks ended May 3, 2026 Thirteen weeks ended May 4, 2025
Cash flows from operating activities:
Net earnings 231,362 231,263
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization 56,116 56,404
Loss on disposal/impairment of assets 671 732
Non-cash lease expense 62,152 60,484
Deferred income taxes 3,912 (1,559)
Tax benefit related to stock-based awards 11,755 10,647
Stock-based compensation expense 29,540 20,390
Other (456) (637)
Changes in:
Accounts receivable (12,491) (4,919)
Merchandise inventories 8,598 (689)
Prepaid expenses and other assets 5,801 (2,956)
Accounts payable (82,408) (96,022)
Accrued expenses and other liabilities (148,910) (139,206)
Gift card and other deferred revenue 19,023 4,173
Operating lease liabilities (63,319) (63,850)
Income taxes payable 34,977 44,694
Net cash provided by operating activities 156,323 118,949
Cash flows from investing activities:
Purchases of property and equipment (57,685) (58,250)
Other 10 21
Net cash used in investing activities (57,675) (58,229)
Cash flows from financing activities:
Repurchases of common stock (287,805) (89,971)
Tax withholdings related to stock-based awards (93,596) (65,357)
Payment of dividends (85,580) (74,667)
Net cash used in financing activities (466,981) (229,995)
Effect of exchange rates on cash and cash equivalents 133 3,479
Net decrease in cash and cash equivalents (368,200) (165,796)
Cash and cash equivalents at beginning of period 1,019,801 1,212,977
Cash and cash equivalents at end of period 651,601 1,047,181

Amounts as printed on the EDGAR/iXBRL face — (In thousands, except per share amounts); (In thousands). Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗

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About WILLIAMS SONOMA INC

Source: Item 1 (Business) from the 10-K filed March 26, 2026. Description as filed by the company with the SEC.

ITEM 1. BUSINESS

OVERVIEW

Williams-Sonoma, Inc., (the “Company”, “we”, or “us”) incorporated in 1973, is an omni-channel specialty retailer of high-quality products for the home.

In 1956, our founder, Chuck Williams, turned a passion for cooking and eating with friends into a small business with a big idea. He opened a store in Sonoma, California to sell the French cookware that intrigued him while visiting Europe but that could not be found in America. Chuck’s business, which set a standard for customer service, took off and helped fuel a revolution in American cooking and entertaining that continues today.

In the decades that followed, our commitment to product quality, our ability to identify new market opportunities and our people-first business approach have driven our expansion beyond the kitchen into nearly every area of the home, as well as the places where our customers work, stay and play. Our in-house design capabilities and vertically integrated sourcing organization allow us to deliver high-quality, lasting products at competitive prices. Through our e-commerce platform, our in-house marketing and data analytics teams optimize our digital spend and customer connections. We have expanded our in-store services to not only provide world-class customer service but to also serve as design centers and omni-fulfillment hubs.

We are the world’s largest digital-first, design-led and sustainable home retailer. Our brands — Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Williams Sonoma Home, Rejuvenation, Mark and Graham, and GreenRow — represent distinct merchandise strategies that are marketed through e-commerce, direct-mail catalogs, retail stores, and business-to-business. These brands collectively support The Key Rewards, our loyalty and credit card program that offers members exclusive benefits. We operate in the U.S., Puerto Rico, Canada, Australia and the United Kingdom and have unaffiliated franchisees that operate stores in Mexico, South Korea, India and the Philippines, as well as e-commerce websites in certain locations.

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We are focused on three key priorities — accelerating growth, delivering world-class customer service and driving earnings. We believe our growth will be driven by our business strategies in each of our core businesses, our business-to-business division and our emerging brands. We continue to improve our world-class customer service by driving supply chain improvements, with a focus on reduced out-of-market and multiple shipments, fewer customer accommodations, lower returns and damages, and reduced replacements. Additionally, we see opportunity to drive margin by focusing on full-price selling and cost negotiations. We have a powerful portfolio of brands, serving a range of categories, aesthetics and life stages, and we have built a strong omni-channel platform and infrastructure, which will position us well for the next stage of growth.

Williams Sonoma

From the beginning, our namesake brand, Williams Sonoma, has been bringing people together around food. A leading specialty retailer of high-quality products for the kitchen and home, the brand seeks to provide world-class service and an engaging customer experience. Williams Sonoma products offer everything for cooking, dining and entertaining, including: cookware, tools, electrics, cutlery, tabletop and bar, food, outdoor, furniture and a vast library of cookbooks. Williams Sonoma Home, a premium concept that offers classic home furnishings and decorative accessories, extends the Williams Sonoma lifestyle beyond the kitchen into nearly every room of the home.

Pottery Barn

Established in 1949 and acquired by Williams-Sonoma, Inc. in 1986, Pottery Barn is a premier omni-channel home furnishings retailer. America’s most meaningful, beautiful design source, Pottery Barn brings together good products, people and values — seeking inspiration, quality and world-class customer service in everything the brand does. Thoughtfully designed and crafted to last, Pottery Barn’s furniture, bedding, lighting, rugs, table essentials, decorative accessories and more can be loved for a lifetime.

Pottery Barn Kids

Founded in 1999, Pottery Barn Kids’ mission is to bring the utmost in quality, safety and style into every family’s home. Kids are, and have always been, the inspiration behind Pottery Barn Kids. Pottery Barn Kids’ products are

designed to meet the highest child safety standards and are expertly crafted from the best materials to last beyond the childhood years.

West Elm

Born in Brooklyn, New York, in 2002, West Elm is dedicated to transforming people’s spaces through creativity, style and purpose. West Elm creates unique, modern and affordable home décor and curates a selection of goods that are crafted by makers from across the world.

Pottery Barn Teen

Launched in 2003, Pottery Barn Teen is the first home concept to focus exclusively on the teen market and offers a collection of long-lasting furniture and stylish decor. The brand’s mission is to bring the best in quality, style and value to every teen’s bedroom, dorm and more.

Rejuvenation

Rejuvenation, founded in 1977, was acquired by Williams-Sonoma, Inc. in 2011. Headquartered in Portland, Oregon, the brand offers a broad assortment of lighting, hardware, furniture and home décor inspired by history, designed for today and crafted to last for years to come. Rejuvenation’s made-to-order lighting and hardware are manufactured at and distributed from its Portland facility.

Mark and Graham

Established in 2012, Mark and Graham is a leading monogrammed lifestyle brand offering thoughtfully designed personalized products and custom gifts for every stage of life, across home, travel, pet, and baby and kids. The digitally-native brand is known for its high-quality, in-house designed collections, spanning decor, luggage, handbags and everyday essentials, all customizable with hundreds of monograms.

GreenRow

Launched in 2023, GreenRow specializes in the use of sustainable materials and artisan manufacturing practices. The brand works with a world-class network of makers to create a collection of vibrant, vintage-inspired pieces, responsibly sourced and designed to last.

OPERATIONS

As of February 1, 2026, we operated the following brands: Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Williams Sonoma Home, Rejuvenation, Mark and Graham, and GreenRow. These brands represent distinct merchandise strategies and sell our products through our e-commerce websites, direct-mail catalogs, retail stores and business-to-business. Our e-commerce and retail businesses complement each other by meeting customers where they are; building brand awareness and acting as effective advertising vehicles. Our ability to leverage insights, our omni-channel positioning and our marketing efforts, focused on digital advertising complemented by targeted catalogs, drive sales to each of our channels. Consistent with our published privacy policies, we leverage our proprietary customer file, which is a unified view of customers across our brands and channels, for digital, email and catalog marketing purposes, augmented by models developed by our in-house marketing and data analytics teams. Our retail stores serve as billboards for our brands, which we believe inspire new and existing customers to shop in stores and online. We operate 506 stores, which include 473 stores in 41 states, Washington, D.C. and Puerto Rico, 18 stores in Canada, 13 stores in Australia and 2 stores in the United Kingdom. We also have multi-year franchise agreements with third parties in Mexico, South Korea, India and the Philippines that operate 90 franchised locations as well as e-commerce websites in certain locations.

SUPPLIERS

We purchase most of our merchandise from numerous foreign and domestic manufacturers and importers, the largest of which accounted for approximately 3% of our purchases during fiscal 2025. Approximately 19% of our products were produced in the U.S. in fiscal 2025. The remaining 81% of our merchandise purchases were sourced from foreign suppliers, with approximately 19% from China, 16% from Vietnam, 15% from India, and 31% from the rest of the world. Merchandise purchases in fiscal 2025 from Mexico and Canada were not significant. Substantially all of these purchases were negotiated and paid for in U.S. dollars. We manufacture merchandise, primarily upholstered furniture and lighting, at our facilities located in Mississippi, North Carolina, and Oregon.

The current macroeconomic environment is uncertain, and we are subject to risks that may disrupt our supply chain operations or regionalization efforts, such as tariffs, foreign currency exchange rate fluctuations, increasing labor costs and union organizing activity. Despite these challenges, we believe our key differentiators, growth initiatives and the strength of our operating model to control costs and manage inventory levels leave us well-positioned to mitigate these costs in both the short- and long-term. Refer to